U.S. Housing Market Updates
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Crescent Seas Adds Second Ship to Nautical Residential Portfolio
The Insignia will feature 290 residences priced from $650,000 to $10 million. Continue Reading Crescent Seas Adds Second Ship to Nautical Residential Portfolio
Mortgage Rates Continue to Decline
The 30-year fixed-rate mortgage averaged 6.64% as of April 3. Continue Reading Mortgage Rates Continue to Decline
Additional Reading: MOST POPULAR U.S. HOUSING MARKET News & Headlines
Newberry Homes Enters Orlando Market with Six-Home Community
Construction on the new homes is scheduled to be completed in 2026. Continue Reading Newberry Homes Enters Orlando Market with Six-Home Community
Lennar to Build 1,500 Colorado Homes with Geothermal Systems
The endeavor will take advantage of Colorado’s state tax credit for geothermal heat pumps. Continue Reading Lennar to Build 1,500 Colorado Homes with Geothermal Systems
Report: Typical Homeowner’s Insurance Premium Up 24% Since 2021
The states with the greatest percentage increase in premiums were Utah (59%), Illinois (50%), Arizona (48%), and Pennsylvania (44%). Continue Reading Report: Typical Homeowner’s Insurance Premium Up 24% Since 2021
Mixed Results in Latest Mortgage Rate Data
The 30-year fixed-rate mortgage averaged 6.65% as of March 13 Continue Reading Mixed Results in Latest Mortgage Rate Data
Realtor.com: Down Payment Levels Hit Record High in 2024
Realtor.com determined that buyers paid 14.4% as a share of purchase price. Continue Reading Realtor.com: Down Payment Levels Hit Record High in 2024
JP Morgan Real Estate Income Trust Acquires 2 Southeastern Residential Assets
The transactions mark JPMREIT’s fifth and sixth investments in the residential sector. Continue Reading JP Morgan Real Estate Income Trust Acquires 2 Southeastern Residential Assets
Greystar Begins Construction on Virginia Multifamily/Build-for-Rent Community
The first units are slated to be ready in the second quarter of 2026. Continue Reading Greystar Begins Construction on Virginia Multifamily/Build-for-Rent Community
Pending Home Sales Up by 2% in February
“Despite the modest monthly increase, contract signings remain well below normal historical levels,” said NAR Chief Economist Lawrence Yun. Continue Reading Pending Home Sales Up by 2% in February
Residency Requirements Changed on FHA-Insured Mortgages to Shut Out Illegal Immigrants
“There will be no more illegal aliens getting HUD-backed home loans,” said Secretary Turner. Continue Reading Residency Requirements Changed on FHA-Insured Mortgages to Shut Out Illegal Immigrants
Homeownership Expenses Consume One-Third of National Average Wage
Nationwide, the typical $2,021 cost of mortgage payments, homeowner insurance, mortgage insurance and property taxes is down 0.7% quarterly. Continue Reading Homeownership Expenses Consume One-Third of National Average Wage
Idaho’s Gov. Little Signs $100 Million Property Tax Cut into Law
The bill passed unanimously in both houses of the legislature. Continue Reading Idaho’s Gov. Little Signs $100 Million Property Tax Cut into Law
Minnesota in Settlement with MV Realty Over Dubious ‘Homeowner Benefit Agreements’
MV Realty is permanently banned from doing business in Minnesota. Continue Reading Minnesota in Settlement with MV Realty Over Dubious ‘Homeowner Benefit Agreements’
Maine Home Sales up 6.51%
A total of 753 home sales were closed in Maine last month, a 6.51% increase from the 707 sales transacted in February 2024. According to data from the Main Association of Realtors, the statewide median sales price for those sales was $381,500, a 9% jump from the...
